
SPAIN: Wind projects were allocated 2,979MW of the 3GW allocated in Spain’s second renewables auction, with the lion’s share going to minor player Forestalia.
The developer bagged 1.2GW of capacity — all to be powered with GE turbines – in the country’s second renewables auction. Spain’s energy ministry received offers for triple the 3GW up for grabs, underlining renewed interest in the country’s wind market.
The ministry also confirmed that all winning bids were made with “full discount”, meaning operators accept zero subsidy and will receive only the wholesale price for electricity generated.
Forestalia had also won 402MW of the 500MW allocated in the country’s first ever power auction in February 2016, which broke a moratorium on new capacity in place since 2012. more